Investing for Young Individuals & Families

Investing at an early age is now more important than ever. With pensions becoming a thing of the past and uncertainty surrounding the future of Social Security income, self-funding our own retirement plans is essential. With the right investment plan, you can ensure that you’ll have enough money to retire comfortably.

BWFA not only helps meet the needs of retirees and pre-retirees who have already built their retirement nest eggs, but also assists individuals and young families who are just beginning to plan their financial futures. Without the proper investment plan, achieving life’s milestones can be difficult or even impossible. Are you considering how you’ll pay for:

  • Your children’s college education?
  • A new home?
  • A new business?

BWFA can help achieve these goals by creating an investment “roadmap”—a financial plan that addresses your individual needs and goals.

Once you’ve figured out how you’ll meet the everyday needs for yourself and your family and you’ve established a sound investment plan for retirement, you might consider how you can build personal wealth. Too often, people younger than 35 feel they are not in a position to build wealth. However, simply establishing a more intentional savings plan can free up funds used to accumulate wealth, and there are almost always ways to initiate a pattern of saving. We encourage our clients to “pay themselves” first, before potential savings can be spent out in the marketplace. In addition, there are many practicable steps you can take to make saving possible, including:

  • Adjusting your payroll withholdings on Form W-4
  • Paying down high-interest-rate credit cards
  • Cutting back on discretionary spending (e.g., eliminating one dinner out each month)
  • Contributing to a 401(k)

When the thrill of saving becomes more important than the thrill of spending, you’ll know you have begun to walk down the path to successful retirement planning.

BWFA has the knowledge and tools you need to create your own investment roadmap that you can follow to achieve these goals. Our Wealth Accumulation platform, for example, can provide you with a diversified portfolio that is customized to match your investment objective and time horizon. We use low-cost ETFs and mutual funds to help you build your wealth in an IRA or in a regular investment account.

At BWFA, there is no minimum account balance to start, so why not make investing a priority in your life today?

Click here to read about our investment philosophy. 

Click here to read about our fee schedule.